7 Emerging CBD Trends to Watch for in 2019March 22nd, 2019
2018 was a banner year for CBD sales and legitimacy. Not only did the passing of the Farm Bill allow widespread hemp cultivation and its transport across state lines for commercial purposes, but it also drastically improved our country’s hemp policy and continued the momentum to push this beneficial compound toward social acceptance and adoption.
Here at Innovative Separations, we’re the premier American supplier of CBD, and we’re excited about what the future holds for hemp and CBD. In fact, there are currently several potential developments in the works. Let’s take a look at some of the most notable ones, and what you need to know about them.
1. A Wider Selection of CBD Products
As the production of hemp rises steadily, you can expect to see more and more products containing CBD to hit the shelves. As trusted brands continue to grow, so will their product selections. This includes everything from sleep-specific treatments, to CBD dog treats, and everything in between.
2. More Investors and Capital
Based on the current market projections for CBD, combined with its growing legitimacy, companies who populate this industry should look forward to increased interest from investors not only here within the U.S., but globally as well.
3. Lower Product Prices
With a higher supply of hemp, in addition to increased competition in the CBD industry, it could mean lower prices for CBD products. While costs are fairly reasonable for most legitimate CBD brands, it could mean even more people would have affordable access to it.
4. CBD-Infused Foods
We already have CBD in tinctures and other forms that allow it to be taken orally. However, consumers can expect to see more CBD-infused foods this year. While CBD can be commonly used in baked goods and other treats like chocolate, it’s being included in your other favorite foods, like peanut butter and even honey.
5. CBD-Infused Drinks
In bars and cafes around the country, CBD-infused drinks are becoming increasingly popular. And now, with the legalization of hemp, it’s possible that beverage makers, possibly even behemoths like Coal-Cola and PepsiCo, could move into the CBD realm this year.
6. Condition-Specific Products
With the body of research surrounding CBD products continually growing, it’s likely that companies will enhance their products and tailor them to be more specific to the conditions that they treat. For instance, expect to see products that feature individual treatments for anxiety, sleep, and inflammation, and more.
7. Market Growth For CBD
According to a study performed by the Brightfield Group, the CBD industry will be experiencing exponential growth. In fact, the organization predicts that the industry will surpass $5 billion this year and even grow almost 40 times its current size by the year 2022.
There’s no denying that the CBD industry and its products are experiencing widespread popularity among Americans, and that trend will only continue as more individuals accept it as a viable treatment for their conditions.
Clearly, 2019 will be an exciting year for CBD. For more information and to stay updated with news in the industry, contact our CBD company today at 800-787-0018.